Bitcoin's role in the shift from dollar dominance

[CTO114]

The dominance of the dollar is not what it used to be in recent times. We're starting to witness nations like Russia and China pushing their way from the US dollar reserves.
The fiat system has lost its trust as Central banks are beginning to buy huge amounts of gold.
The aformentioned is not just about geopolitics, it's more about trust. When the trust in governments begin to diminish, there's a tilt towards self systems that don't require trust, and that's where Bitcoin comes in. It's not issued by the states, neither is it physical.

Are we starting to see Bitcoin emerge as a pillar in international reserves?

[Ambatman]

Are we starting to see Bitcoin emerge as a pillar in international reserves?

No. Many of the big countries just want to replace the dollar at the top.
Bitcoin is more like an outside party unaffected by their fight for dominance
Hence why Trump want to draw it to their side to gain some advantage.

When the trust in governments begin to diminish, there's a tilt towards self systems that don't require trust

They aware a change is coming and Gold is always the first choice people run to due to its age
And then Bitcoin when clarity comes in that it would perform better than Gold.

[OcTradism]

The dominance of the dollar is not what it used to be in recent times. We're starting to witness nations like Russia and China pushing their way from the US dollar reserves.

They have been trying to do this and they have been failing with this mission. The Russia Federation has been broking its own economy by the war against Ukraine and they are in a way of severely downward fall. Consequence of the war, even it ends soon in next several months, will need many years for recovery to a status before 2022. China has been facing with big problems recent years and you are witnessing a collapse of Xi JinPing in the nation as consequence of his bad leadership there in more than one decade.

Are we starting to see Bitcoin emerge as a pillar in international reserves?

It won't.

Governments will only try to get benefit from Bitcoin but they will not let Bitcoin beating their own fiat currencies, it's just fact as they have something to defend and protect, which are their national fiat currencies.

Bitcoin will only be considered as a tool for governments to enrich their national treasury if possible, nothing more than that.

[yudi09]

It's a trade war issue, and I don't want Bitcoin to be involved in it because Bitcoin is not designed for that, in my opinion, which gives rise to negative speculation.
The shift in the dominance of the dollar as the currency in world trade has long been campaigned for by a group called BRICS, and BRICS is considered to be just bluffing but unable to do so.
Amidst the severe turmoil in the global economy, Bitcoin has emerged to restore confidence with a transparent system that does not require the involvement of third parties.